PM Narender Modi’s ‘Masterstroke’ Cash Ban to 500 and 1000 Rupee Currency

It is Tuesday, 8th Nov. 2016; Indian Prime Minister Narender Modi did a historical announcement of ban of currency on LIVE television. It included Rs. 500 and Rs. 1000 notes which affected 86% of the current currency in total. Cash is no longer the king now. India is a nation where 98% of the consumer payments are done in cash and 500/1000 rupee note play a major role in these transactions.

Read what the actions are taken in real: